This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $101k initial cash invested.
0.96%
Cash On Cash
6.8%
Cap Rate
1.12
DSCR
$3,860
Rent
$81
Cashflow
Cash Flow
$3,860 income − $3,779 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,940
Closing costs
1%
$3,947
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,860
Total Expenses
$3,779
Mortgage P&I
52%
$2,001
Property Taxes
8%
$327
Home Insurance
4%
$139
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$425